LNG Shippers Have a $45,000-a-Day Problem at the Panama Canal
Liquefied natural gas shippers are dealing with costly delays in getting tankers through the Panama Canal, according to Octavio Simoes, president of LNG export terminal...
Powering a New Class of Frigates
GE Marine Solutions signed a memorandum of understanding (MOU) with RJE Global, Morphettville, South Australia, whereby RJE will assemble GE LM2500 gas turbine modules...
Machinery Failure is an Ever-present Possibility
The Australian Transport Safety Bureau (ATSB) issued an investigation report on the foundering of the fishing vessel Venessa S at Cabbage Tree Island, New...
Weekly Market Report
NWE/MED
The coaster market in North-West Europe remains busy with smaller- and larger enquiries out from Scandinavia and UKC. We continue to see increasing demand for...
Reflections and Inflections in the Tanker Market
The tanker market is seeing the “full realistion” of oversupply the ABSA Cargo Conference was told last week, but changing trading patterns were also...
WinGD Launches Data Collection and Monitoring Platform
Winterthur Gas & Diesel (WinGD) has launched its new data collection and monitoring platform. The launch is part of WinGD’s strategy to lead the...
New Online Platform will Change Global Freight Markets
Varamar Group founder Alexander Varvarenko has launched the first phase of a new online platform for global freight markets. This is just two weeks...
German Boxship Collides with Korean Tanker Off Japan Sea
On October 3, a German container vessel reportedly collided with a Korean chemical tanker in Japan Sea.
What happened?
The German container vessel ‘Victoria Trader’ collided...
More Destroyer Collisions! A Tanker and Other Vessel Affected
On October 3, a tanker reportedly collided with a Navy destroyer at Kaohsiung Cijin Harbor. In another incident, another destroyer was involved in a...
Gas Leak Onboard Cargo Ship Kills Three
On September 30, three Indian workers died after inhaling gas that was leaking onboard a cargo vessel docked at port.
What happened?
The unfortunate incident occurred...
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